v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net Loss $ (12,099,357) $ (8,291,446)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 3,940,038 2,106,073
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (462,882) (226,535)
Prepaid project costs and other long-term assets (867,231) 37,086
Accounts payable and accrued liabilities 1,192,693 769,792
Net Cash Used in Operating Activities (8,296,739) (5,605,030)
Investing Activities    
Trademarks (7,796) (6,116)
Net Cash Used in Investing Activities (7,796) (6,116)
Financing Activities    
Proceeds from sale of common stock in public offerings 45,975,049 65,344,153
Issuance costs related to sale of common stock in public offerings (1,580,932) (2,221,231)
Net proceeds from the exercise of stock options 10,807 633,375
Payments for taxes related to net share settlement of equity awards (496,636) (234,621)
Net Cash Provided by Financing Activities 43,908,288 63,521,676
Net Increase in Cash and Cash Equivalents 35,603,753 57,910,530
Cash and Cash Equivalents, Beginning of Period 201,862,421 39,990,827
Cash and Cash Equivalents, End of Period $ 237,466,174 $ 97,901,357